Top Story


Home >> Media - Others >> Article

DB Corp Q1 topline up 6.5%

Font Size   16
DB Corp Q1 topline up 6.5%

DB Corp has recorded a seven per cent growth in its Q1 FY13 total consolidated revenues at Rs 3,784 million as against Rs 3,538 million of Q1 FY12. This is on account of net increase in print business’ total revenue of Rs 213 million in Q1 FY13. Print business EBIDTA margins stood at 23.2 per cent at Rs 840 million. Print business profit after tax stood at Rs 455 million (13 per cent PAT margin).

Revenues from advertising clocked a growth of one per cent on YOY basis to Rs 2,862 million in Q1 FY13 from Rs 2,842 million in Q1 FY12.

Net profit came in at Rs 437 million in Q1 (PAT margin 11.5 per cent) as against Rs 611 million in Q1 FY12. This is after factoring in one-time pre-operative expenses of Rs 12.1 million for Maharashtra launch as well as Forex loss of Rs 79.3 million.

The group’s radio business has achieved PAT positive status within four years of launch of all stations, with advertising revenues from radio growing by 13 per cent to Rs 140 million in Q1 FY13, as against Rs 124 million in Q1 of last fiscal. Radio business PAT stood at Rs 4 million (three per cent margin) in Q1 FY13. Radio business EBIDTA stood at Rs 30 million (21 per cent margin) in Q1.

Commenting on the Q1 FY13 performance, Sudhir Agarwal, Managing Director, DB Corp in a prepared statement said, “A challenging economic environment driven by weak GDP numbers continues to plague growth across key industries which in turn has impacted overall media spend. In this quarter, we focused our strategy on maintaining our position in all markets. Our progress in key regions such as Aurangabad and Nashik in Maharashtra and in Jharkhand showed very encouraging results, proven by strong subscription renewal of copies, one year after the launch of edition.”

Kranti Gada joined the family business at Shemaroo in 2006 after a successful stint of over two years in marketing at Pepsi Co. She has been associated with the company for 12 years.

Exchange4media interacted with Jaspreet Chandok, Vice President and Head (Fashion) , IMG Reliance Pvt. Ltd on seamless brands integrations planned for Lakme Fashion Week, walking tall despite blazing trails like GST, demonetization and being a part of the larger cultural space

Their strategy to educate the consumers to make well informed decisions at all stages has worked out well.

Bobby Pawar, MD, CCO - South Asia, Publicis India, talks about his idea of chilling out

Launches third phase of TVC campaign ‘Think it. Done’

Based in Mumbai, Usha has nearly two decades of experience in the Indian media and entertainment sector and will serve as a strategic advisor to H+K’s diverse portfolio of clients with a special empha...

Report based on media channel data in 96 countries and detailed findings from the world‘s key ad markets, which between them account for approximately two-thirds of the value of global advertising tra...